Town โ€ข 21,827 people

Palm Valley, FL

Discover how far your salary goes in Palm Valley. Compare taxes, rent, and living costs.

Cost Index
131
๐Ÿ“ˆ Above Average
Population

21,827

State Tax

None! ๐ŸŽ‰

1BR Rent

$1,530

/month

vs National

+9%

above avg

How far would your salary go in Palm Valley?

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Rent Prices in Palm Valley

๐Ÿ 

Studio

$1,224

/month

$14,688/year

Most Common
๐Ÿ›๏ธ

1 Bedroom

$1,530

/month

$18,360/year

๐Ÿก

2 Bedroom

$2,065

/month

$24,780/year

๐Ÿ˜๏ธ

3 Bedroom

$2,677

/month

$32,124/year

Taxes in Florida

State Income Tax

Florida

0%
๐ŸŽ‰

No State Income Tax!

Florida doesn't tax wagesโ€”keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Palm Valley, FL?โ–ผ

Palm Valley has a cost of living index of 131, which is 31% above the national average. A 1-bedroom apartment costs around $1,530/month.

What is the state income tax in Florida?โ–ผ

Florida has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Palm Valley?โ–ผ

The median rent for a 1-bedroom apartment in Palm Valley is $1,530/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.

Is Palm Valley a good place to live?โ–ผ

Palm Valley is a town with a population of 21,827. The cost of living is above average, making it more expensive than average for the US. A major advantage is zero state income tax.

See the complete picture for Palm Valley

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